38/38A Alexander StreetAvondale Heights VIC 3034
Property Details for 38/38a-B Alexander St, Avondale Heights
38/38a-B Alexander St, Avondale Heights is a 5 bedroom, 3 bathroom Unit with 4 parking spaces. The property has a land size of 724m2.
Last Listing description (July 2018)
Promising a sensational investment or development (STCA) opportunity, this generous allotment of approximately 724.2m2 (15.84mx45.72m) hosts dual occupancy dwellings comprising two and three bedrooms. Presenting in solid and spotless condition, both are currently leased and delivering a healthy return. Light filled interiors are comforted with heating/cooling and feature huge kitchen/meals and lounge rooms, a separate laundry and double bedrooms with BIRs. The front unit additionally incorporates an expansive street frontage, master bedroom with WIR/ensuite (second bathroom) plus powder room. There s also a driveway to a dual carport. A stroll to Military Road shops, Avondale Primary School and public transport, it s also very close to Highpoint Shopping Centre, Canning Reserve and the Maribyrnong River precinct. A rear north facing allotment enhances opportunity for redevelopment while subdivision possibilities broaden investment options (both STCA).
Property History for 38/38a-B Alexander St, Avondale Heights, VIC 3034
- 26 Apr 2018Listed for Sale $1,150,000
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About Avondale Heights 3034
The size of Avondale Heights is approximately 5.4 square kilometres. It has 28 parks covering nearly 27.5% of total area. The population of Avondale Heights in 2011 was 10,989 people. By 2016 the population was 11,631 showing a population growth of 5.8% in the area during that time. The predominant age group in Avondale Heights is 30-39 years. Households in Avondale Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Avondale Heights work in a professional occupation. In 2011, 78.9% of the homes in Avondale Heights were owner-occupied compared with 77.6% in 2016.
Avondale Heights has 5,574 properties. Over the last 5 years, Houses in Avondale Heights have seen a 21.44% increase in median value, while Units have seen a 13.73% increase. As at 31 August 2024:
- The median value for Houses in Avondale Heights is $979,551 while the median value for Units is $735,250.
- Houses have a median rent of $550 while Units have a median rent of $580.
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